Fenwick Represents Concur in its Acquisition by SAP for $8.3 Billion

Fenwick & West represented Concur Technologies, Inc. (NASDAQ:CNQR), a leader in the multi-billion market for travel and expense management software, in its recently announced acquisition by SAP America, Inc., a subsidiary of SAP SE (NYSE:SAP). The per-share purchase price of US$129 represents an enterprise value of approximately US$8.3 billion. The Concur board of directors has unanimously approved the transaction.

The Fenwick transaction team included corporate attorneys Doug Cogen, Horace Nash, Lynda Twomey, Kee Kim, Thomas Kang, Kat Duncan, Philip Henry, Christine Chen, Morgan Sawchuk and Ashley Romero; executive compensation and employee benefits attorneys Scott Spector, Shawn Lampron, Patrick Grilli and Mona Clee; technology transactions attorneys Stephen Gillespie, Claire O’Callaghan, Darren Hutchins, Michael Riskin and Ethan Lee; tax attorney Will Skinner, and antitrust attorneys Mark Ostrau and Ashley Walter.


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